Venture Capital

Crusoe Achieves Operational Milestones And Closes $128M Series B Financing To Expand Patented Digital Flare Mitigation® Technology

by vcaonline.com posted 5months ago 328 views

Crusoe Achieves Operational Milestones and Closes $128 Million Series B Financing to Expand Patented Digital Flare Mitigation® Technology

Crusoe has reduced flaring by over 1 billion cubic feet since inception and has the potential to reduce greenhouse emissions by the equivalent of hundreds of thousands of cars

DENVER, April 26, 2021-- Crusoe Energy Systems Inc. (the “Company”) has closed a $128 million Series B equity financing led by Valor Equity Partners with participation from Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital and JB Straubel, the …